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Old February 3rd, 2005, 11:23 AM   #41
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Thai AirAsia Eyes Expansion And First Profit In 2005

February 1, 2005

Thai AirAsia, 49 percent owned by Malaysian budget airline AirAsia, said on Tuesday it aims to carry up to 2.5 million passengers this year, up from about 1 million in 2004, and make its first profit.

Chief executive Tassapon Bijleveld also said he expected Asia's fledgling low-cost airline industry to grow 20-30 percent this year, down from last year's 30-40 percent.

"This year, competition should not be different from last year. The industry should grow 20-30 percent and AirAsia is targeting passengers of around 2.4 to 2.5 million," Tassapon said.

The airline, which started operations a year ago, had said it expected to make a profit in its first year of operations but it failed due to high oil prices and intense competition on both domestic and international routes.

Low fares would help AirAsia attract more passengers and it planned to double its fleet to 12 aircraft this year and expand to 20 planes over the next three and a half years, Tassapon said.

The airline wanted to boost its international routes, where profits were higher than on domestic routes, he said.

The airline planned to start at least three new international routes in April, to China, Hanoi and Phnom Penh, and a domestic Bangkok-Narathiwat route next week, he added.

Thai AirAsia is 50 percent owned by Shin Corp, Thailand's largest telecoms group, founded by Prime Minister Thaksin Shinawatra.

(Reuters)
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Old February 4th, 2005, 06:16 AM   #42
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Quote:
Originally Posted by Isan
1 February 2005


Thai Airways International today suspended its flights operated to and from Kathmandu, Nepal.

THAIís flights routed Bangkok-Kathmandu v.v. were temporarily suspended following a curfew imposed by the Government of Nepal due to political reasons. Kathmanduís Tribhuvan International Airport is closed due to political reasons until further notice. THAI said that flights would resume flights once the airport reopens.

THAI normally operates daily flights to and from Kathmandu, Nepal. Flight TG319 operated on the route Bangkok-Kathmandu normally departs at 1030 hours and arrives at 1245 hours, and flight TG320 operated on the route Kathmandu-Bangkok normally departs at 1350 hours and arrives at 1815 hours, both utilizing Boeing 777-200 aircraft.

Thai Airways International Resumes Flights to Kathmandu

3 February 2005


Thai Airways International has resumed flights operated to and from Kathmandu, Nepal after they were suspended Tuesday.

THAI normally operates daily flights to and from Kathmandu, Nepal. Flight TG319 operated on the route Bangkok-Kathmandu normally departs at 1030 hours and arrives at 1245 hours, and flight TG320 operated on the route Kathmandu-Bangkok normally departs at 1350 hours and arrives at 1815 hours, both utilizing Boeing 777-200 aircraft.
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Old February 5th, 2005, 06:06 PM   #43
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Thai Airways announces December traffic figures
02 February 2005
Airline Industry Information

Thai national carrier Thai Airways International has announced its passenger traffic figures for December 2004.

In December the airline carried 1.72 million passengers, a decrease of 3.1% compared to 2003. The decrease was caused by the tsunami which hit the country's southern provinces on 26 December.

The load factor for December 2004 was 73.2%, compared to 73.3% in 2003.
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Old February 6th, 2005, 10:26 AM   #44
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Thai working on new livery?
A look at what will likely become the new Thai Airways International colour scheme.


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Old February 6th, 2005, 05:32 PM   #45
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I thought they would change the logo as well.
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Old February 13th, 2005, 03:12 PM   #46
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Thai Airways wants to outsource new cabin crew

Posted on Sunday, February 13, 2005 @ 9:50 AM CET by sn26567

Thai Airways SN30952 writes "Thai Airways' management plans to outsource new cabin crew to various government agencies, including the Prime Minister's Office. The management wants to recruit 509 new attendants through Siam Ratchathanee Co, a recruiting agency and paid some BahtT200-million in fees to the recruitment agency charged with selecting qualified cabin crewmembers. The outsourced staff would not be permanent employees of the company.

Thai Airways labour unions are protesting because attendants provided by an outside organisation would be unable to provide the same degree of quality service offered by the carrier's full-time cabin crew and that the move would compromise safety standards.

Thai has 5,200 permanent crew staff, 1/10 would be outsourced."
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Old February 14th, 2005, 03:25 PM   #47
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Oh that's good.
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Old February 15th, 2005, 11:24 AM   #48
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Thai Airways International clarifies Adjustment and Cancellation of Domestic and International Flights

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Old February 15th, 2005, 11:25 AM   #49
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Thai Airways International reports Net Profit of 5,717 Million Baht in First Quarter 2004/05

15 February 2005


Thai Airways International has reported its first quarter results for fiscal year 2004/05 (October to December 2004), whereby the net profit amounted to 5,717 million baht.

Mr. Kanok Abhiradee, THAIís President, announced that THAIís first quarter results for fiscal year 2004/05 (October to December 2004) amounted to a total revenue from the sale of goods and the rendering of services of 43,063 million baht, with the profit from the sale of goods and the rendering of services of 6,406 million baht, a decrease of 1,039 million baht or 13.94 percent compared to the same period last year. When other incomes and expenses were included, THAI achieved a net profit of 5,717 million baht, an increase of 1,467 million baht or 34.52 percent compared to the same period last year. Earnings per share was 3.38 baht per share when compared to the same period last year, with net profit per share of 2.81 baht.

During the first quarter, THAI experienced profit from the sale of goods and the increased expansion of services when compared to the same period last year, which resulted from implementing a more aggressive marketing plan and routenet expansion. THAIís cabin factor during this quarter was at 73.7 percent, an increase from 73.2 percent from the same period last year.

As for expenses, an increase was experienced due to the sale of goods and the rendering of services when compared to the same period last year at 5,848 million baht or 18.98 percent, primarily due to the increased cost and use of jet fuel. During this quarter, THAI earned a net profit before interest, income tax, depreciation, and rental (EBITDAR) of 11,041 million baht.
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Old February 15th, 2005, 01:37 PM   #50
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Quote:
Originally Posted by blackadder
Thai working on new livery?
A look at what will likely become the new Thai Airways International colour scheme.


theyre changing the colour??
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Old February 21st, 2005, 03:36 AM   #51
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Ticketing deal to raise THAI costs

Airline wants to end Amadeus monopoly

NONDHANADA INTARAKOMALYASUT

Thai Airways International could face additional distribution costs of 400 million to one billion baht per year due to its recent decision to open up domestic ticketing to Cendant Travel Distribution Services and break the current monopoly held by Thai Amadeus.

David Brett, the Asia-Pacific president for Amadeus Asia, warned that the move by the national carrier would not only result in substantial investment costs for THAI, but lead to higher processing fees.

The move, approved by the THAI board last week, would allow Cendant's Galileo service the right to book and issue domestic tickets through subscriber travel agents. Final approvals are expected within the next few days.

Last November, THAI eliminated paper tickets in favour of electronic ticketing for all domestic flights, a move in keeping with policies by the International Air Transport Association for airlines to go paperless worldwide by 2007.

Domestic e-tickets are handled through Thai Amadeus, a 55%-held subsidiary of THAI. Other shareholders include TOT Corp, CAT Telecom and Amadeus, one of the world's largest travel services companies.

The switch to e-tickets gave Amadeus a virtual monopoly on domestic ticketing, thanks to a 10-year exclusive contract with THAI signed in 2003. In contrast, international THAI tickets are handled by a variety of vendors, including Amadeus and Galileo.

But THAI and local tourism authorities, seeking to expand Thailand's role as a global tourism destination and aviation hub, believe that allowing other global travel providers, such as Galileo or Abacus, to compete would ultimately boost the size of the local market.

THAI president Kanok Abhiradee on Friday, in a conference call with analysts, said the airline was working with Thai Amadeus to strengthen its market share.

``At the same time, we are proceeding with efforts to increase our distribution channels to enhance our sales potential,'' he added.

But Mr Brett questioned if the policy shift was in the best interests of THAI.

``We believe strongly that the decision is very uneconomical for THAI, and some people in the airline have the same opinion,'' he told the Bangkok Post.

``We don't really understand. ... We've been working towards making the distribution network more efficient and the airline has been spending a long time negotiating with us but all of a sudden, it gave a contract to Cendant.''

Mr Brett said that the cost of making a reservation through Cendant was ``four to five times'' higher than the fees charged by Amadeus.

THAI would not only have to shoulder new IT investment costs to join with Galileo, but would also face higher fees from Amadeus as the company would have to hike rates to make up for lower transactions once Cendant began services, he added.

``Normally, a national carrier would conduct the domestic distribution channel by itself as it can save costs and keep its fares competitive. THAI is already in an enviable position, so why is it heading in the opposite direction?'' Mr Brett asked.

THAI sources said Prajak Jamrusmechoti, the airline's senior executive vice-president for special projects, had been the main driver of the proposal to open up domestic ticketing. Ironically, Mr Prajak is the chairman of the Thai Amadeus joint venture.

Last July, Cendant announced an agreement with THAI and the Tourism Authority of Thailand to create new marketing campaigns and promote the country through web sites such as Cheaptickets.com, RatesToGo.com and HotelClub.Com, with a network of 44,000 travel agencies and other channels.

Sources said that Cendant later told the TAT that it would need access to THAI's domestic ticketing if it was to meet the goal of bringing in two million new tourists to the country each year. The TAT is targeting 12-13 million tourists this year, but arrivals are almost certain to fall short in the aftermath of the Dec 26 tsunami.
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Old February 22nd, 2005, 09:30 AM   #52
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Thai Airways Lowers Tsunami Rev Loss Projection To THB1B


02-21-05 11:00 PM EST

BANGKOK (Dow Jones)--Thai Airways International PCL (THAI.TH) has lowered its projected revenue loss from the deadly Dec. 26 tsunami in the January-March period to THB1 billion, from THB3 billion previously.

"Initially, we thought that the tsunami impact would linger and hurt our revenues for a couple months. However, it turns out that January is the only month that we were hit by the incident," Kanok Abhiradee, the national carrier's president told reporters late Monday.

He said passenger load factor - the percentage of seats filled - in January, usually one of its peak months, averaged at around 70% while that of February is over 70%. Official load factor data for January is due to be released at the end of this month.

Kanok said that the company will need to lower its revenue target for fiscal 2005 ending Sept. 30, to take in the impact of the tsunami, which devastated coasts around the Indian Ocean, including the popular Thai resort island of Phuket. The revision is expected to be submitted to the company's board this month.

The national carrier has a long-term target of annual revenue growth of at least 5%.

The company recorded THB152.60 billion in total revenue and THB10.08 billion in net profit for fiscal 2004.

The tsunami struck at the peak of Thailand's tourist season. The deadly waves were a fresh blow to tourism-related industries following last year's bird flu epidemic and the outbreak of the deadly SARS virus in 2003.

Kanok confirmed that the company is looking to issue THB15 billion of debentures but the details as well as timing of issuance will be up to market appetite and the financial adviser, which has yet to be named.

Banking sources familiar with the deal have said that the carrier plans to issue the debentures around the middle of this year.

The proceeds will be used to fund the airline's fleet expansion.

"Since interest rates are on the uptrend, we prefer fixed-rate debentures. But that would depend on the financial adviser's opinion too," said Kanok.

In October last year, Thai Airways issued THB15 billion worth of senior debentures, mainly to retail investors.

-By Phisanu Phromchanya, Dow Jones Newswires
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Old February 24th, 2005, 08:57 AM   #53
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Thai Airways International and United Broadcasting Corporation (UBC) are working together through the ďLove Andaman ThailandĒ campaign


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Old February 24th, 2005, 12:51 PM   #54
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why don't Thai fly to Amsterdam ? anybody knows ??????
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Old February 24th, 2005, 01:01 PM   #55
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Thai flies to amsterdam.

visit http://www.thaiairways.nl/ for details
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Old February 24th, 2005, 04:03 PM   #56
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no amsterdam
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Old February 24th, 2005, 04:26 PM   #57
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That routemap is from 2003!

Now there are direct Bangkok - Madrid and Bangkok - Milan

while Bangkok - Geneva (via Zurich) are now suspended

Bangkok - Amsterdam will be operated by Phuket Air next month.
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Old February 27th, 2005, 08:48 AM   #58
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Quote:
Originally Posted by RafflesCity
theyre changing the colour??
Yes, New design for the A340-500, flying btw BKK-JFK by first of May

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Last edited by Isan; February 27th, 2005 at 08:54 AM.
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Old February 27th, 2005, 08:53 AM   #59
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BIG promotion to BIG APPLE

Six times weekly.
TG 790 BKK-JFK 0:40 - 06:35 Daily except Monday
TG 791 JFK-BKK 12:00 - 16:10 Daily except Monday

38,000bt for Y
45,000bt for ( premium Y )

Departure date : 01MAY2005 - 30JUN2005
Reservation/Ticketing date : NOW - 30JUN 2005
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Old February 27th, 2005, 09:54 AM   #60
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The new airbus that they will be using is awesome.
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